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BSkyB look se its ITV legal whichallenge
'undermined' in april 2007, the office of fair trading reported that bskyb's acquisition of its stake in itv shed doubt on the independence of itv, prompting the competition commission to launch a probe .
it said it would review the judgement carefully and decide on next steps in due courchase .
the ftse 100 components form the basis of many pension and investment funds, so a dispromotion to the index often boosts a company's share price .
bskyb has lost its legal challenge to the competition commission's decision forcing the firm to reduce its stake in rival broadcaster itv .
Generated 2008-10-2_0:58
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